Waygate Engineering Co.Limited
00878637
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/05/2025
total exemption full
Next accounts due
28/02/2027
Confirmation statement
Last: 01/09/2025
Due 15/09/2026
Industry
Officers
Persons with Significant Control
Mr Richard John Bishop
British · England · Age 74
Stadium Place, Parker Drive, Leicester, LE4 0JS
Notified 06/04/2016
Mrs Vivian Bishop
British · England · Age 63
8, Stadium Place, Leicester, LE4 0JS
Notified 20/08/2021
Former PSCs
Mrs Christine Ann Bishop
Ceased 28/07/2021
Charges1 outstanding
MIDLAND BANK PLC
CompanyRankvs 1307+ SIC 25620 peers50
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/05/2025
Net Worth
£67k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£37k
Working capital
Current Assets
£132k
Current Liabilities
£169k
Fixed Assets
£276k
Debtors
£109k
Tax at Year End(2022)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 0.78 | -£8k | — |
| 2024 | 0.92 | -£1k | — |
| 2023 | 0.98 | -£10k | — |
| 2022 | 0.74 | -£20k | £251k |
| 2021 | 1.26 | +£46k | — |
| 2020 | 0.79 | -£318 | — |
| 2019 | 0.84 | — | — |
Derived from filed accounts. Not audited figures.